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Fresh Bus - About the company

Fresh Bus is a series A company based in Bengaluru (India), founded in 2019 by Sudhakar Reddy Chirra. It operates as a Provider of premium intercity electric bus services with a focus on comfort, security, and eco-friendliness, offering a modern travel experience. Fresh Bus has raised $14.5M in funding from investors like Ixigo, Maniv Mobility and Saama Capital, with a current valuation of $*****. The company has 8 active competitors, including 2 that are funded. Its top competitors include companies like Zingbus, NueGo and Orange Tours & Travels.

Company Details

Provider of premium intercity electric bus services with a focus on comfort, security, and eco-friendliness, offering a modern travel experience. The company offers a modern travel experience with a focus on comfort, security, and on-time arrivals.
Social
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Email ID
*****@freshbus.com
Phone Number
+91 **********
Registered Address
No.28/23/223/99C, Ward 160, Rajarajeswari Negara Ward O&M18, Rajarajeshwarinagar, Bangalore, Bangalore South, Karnataka, India, 560098
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series A
Total Funding
$14.5M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 05, 2024
Investors
Ranked
Annual Revenue
₹26.3Cr as on Mar 31, 2025
Employee Count
242 as on Aug 31, 2025
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Fresh Bus's funding and investors

Fresh Bus has raised a total funding of $14.5M over 3 rounds. Its first funding round was on Nov 22, 2022. Its latest funding round was a Series A round on Jul 12, 2024 for $*****. 8 investors participated in its latest round. Fresh Bus has 10 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Fresh Bus:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 12, 2024
8931818
Series A
7042339
3533960
1137349
6042687
Oct 16, 2023
8053282
Seed
3058459
7229069
8028217
Nov 22, 2022
9739372
Seed
9688257
4594433
1102415
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Fresh Bus' founders and board of directors

Founder? Claim Profile
The founders of Fresh Bus is Sudhakar Reddy Chirra.
Here are the details of Fresh Bus' key team members:

Fresh Bus' employee count trend

Fresh Bus has 242 employees as of Aug 25. The total employee count is 11.0% more than what it was in Aug 24. Here is Fresh Bus's employee count trend over the years:
Employee count trend for Fresh Bus
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Fresh Bus's Competitors and alternates

Top competitors of Fresh Bus include Zingbus, NueGo and Orange Tours & Travels. Here is the list of Top 10 competitors of Fresh Bus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zingbus
Zingbus
2019, Gurugram (India), Series A
Operator of an online platform for booking bus transportation tickets
$16.4M
79/100
2nd
Logo for Fresh Bus
Fresh Bus
2019, Bengaluru (India), Series A
Provider of premium intercity electric bus services with a focus on comfort, security, and eco-friendliness, offering a modern travel experience
$14.5M
71/100
3rd
Logo for NueGo
NueGo
2022, Mumbai (India), Unfunded
Operator of buses
-
-
51/100
4th
Logo for Orange Tours & Travels
Orange Tours & Travels
2011, Hyderabad (India), Unfunded
Online platform to discover & book bus tickets
-
-
36/100
5th
Logo for Safar Express Tour and Travels
Safar Express Tour and Travels
2011, Delhi (India), Unfunded
App-based inter-city bus tickets booking platform
-
-
28/100
6th
Logo for Sri Krishna Travels
Sri Krishna Travels
2012, Ongole (India), Unfunded
App-based intercity bus tickets booking platform
-
-
26/100
7th
Logo for Khurana Travel
Khurana Travel
1990, India, Unfunded
Online travel platform offering bus transportation services
-
-
23/100
8th
Logo for Aradhana Travels
Aradhana Travels
2024, Indore (India), Unfunded
Bus operator providing passenger transportation and cargo services
-
-
21/100
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Fresh Bus's Latest cap tables and shareholding

Founders own 9.55%, Funds (largest shareholder) own 33.37%, Parent Entities own 25.31% and Enterprises own 21.56%. The net worth of Fresh Bus's founders is INR 21.2Cr as of Aug 05, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
9.55%
21.2Cr
6302560
6652979
7205653
8140219
4408808
7268521
6885600
5846322
5782446
7262241
Fund
33.37%
74Cr
9682264
6604404
4328221
7164986
1123902
1071726
7314922
5003122
6995763
6902752
Parent Entity
25.31%
56.1Cr
7654689
3103495
3546474
1572499
Enterprise
21.56%
47.8Cr
7984245
1604904
7720823
7845536
Angel
1.88%
4.17Cr
6
2
6
5
ESOP Pool
8.33%
18.5Cr
9124849
7182610
8508517
2449293
Total
100.00%
222Cr
7567761
6227758
3541519
8552283
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Fresh Bus's Shareholding

Fresh Bus's Investments and acquisitions

Fresh Bus has made no investments or acquisitions yet.

News related to Fresh Bus

Media has covered Fresh Bus for 1 event in last 1 year, It was about company updates.
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